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Apple cuts MacBook prices by up to $250

Published on Feb 13, 2013 10:52 PM
 
In this file photo, the Apple logo is seen at the Yerba Buena Center for Arts in San Francisco on Sept 11, 2012. Apple Inc cut the price on the base version of its 13-inch MacBook Pro laptop with "retina" display by US$200 (S$250) as it revamps its top-end laptops, weeks after the company reported a steep decline in Mac sales in the holiday quarter. -- PHOTO: AFP

CUPERTINO, California (REUTERS) - Apple Inc cut the price on the base version of its 13-inch MacBook Pro laptop with "retina" display by US$200 (S$250) as it revamps its top-end laptops, weeks after the company reported a steep decline in Mac sales in the holiday quarter.

Investors have worried that Apple's iPad is cannibalizing its Mac range, but Chief Executive Tim Cook has brushed aside these concerns.

The company sold 4.1 million Macs in the December quarter, down 21 per cent from a year earlier.

Apple also missed Wall Street's revenue forecast for the third straight quarter in January after iPhone sales came in below expectations, fanning fears that its dominance of consumer electronics is slipping.

 
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